Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers W > Headlines for Wells Fargo & Co. > News item |
Wells Fargo plans enhanced growth notes linked to iShares MSCI EAFE
By Susanna Moon
Chicago, Nov. 3 - Wells Fargo & Co. plans to price 0% enhanced growth securities with partial principal protection due December 2011 linked to the iShares MSCI EAFE index fund, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.5 times any fund gain, capped at $1,250 to $1,280 per $1,000 note.
Investors will receive par if the fund falls by up to 10% and will be exposed to losses beyond 10%.
Wells Fargo Securities, LLC is the agent.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.